Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeSEE Energy NewsBulgaria, NPP Kozloduy...

Bulgaria, NPP Kozloduy and US company Westinghouse to jointly analyze new units project

US company Westinghouse Electric said that it has reached an agreement with Bulgarian nuclear power plant Kozloduy to analyze the potential for the construction of one or more AP-1000 nuclear reactors at the plant.

The statement from the company said that a Memorandum of Understanding (MoU) has been signed with NPP Kozloduy Newbuild, a special purpose company establish to manage the possible construction of one or two units at the plant using existing infrastructure and advanced licensing and environmental status.

In January, Bulgaria approved the use of technology by Westinghouse for building additional nuclear reactors at NPP Kozloduy, with the Parliament tasking the caretaker Government to start facilitating a construction project for a new unit 7 at the site by 1 March.

Westinghouse and the special purpose company will now set up a joint working group which will be in charge of initial project planning. The group will also assess regulatory, licensing and design bases in Bulgaria to ensure full compliance with applicable regulations and will look into streamlining the potential project execution path to enable Bulgaria to achieve its nuclear energy goals.

Bulgaria will be the first country in Europe where the AP-1000 technology will be deployed, with four such reactors currently in operation in China and the first two units due to be commissioned in the US this year.

Advancing a bid to eliminate its former near-total dependence on Russian energy supplies, Bulgaria last year agreed with Westinghouse to receive fresh nuclear fuel for its unit 5, while fuel for unit 6 to be supplied by French Framatome.

Bulgaria’s sole nuclear power plant Kozloduy operates two Russian-designed VVER-1000 reactors of 1,000 MW each. Their operational licenses will expire in 2027 and 2029, respectively.

Sign up for updates & special reports

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Energy markets weekly: Brent, TTF gas and CO2 prices show moderate fluctuations in late August

During the fourth week of August, Brent oil futures for the Front Month on the ICE market reached a weekly high settlement price of $68.80/bbl on Monday, August 25. Prices then fell 2.3% on Tuesday, August 26, hitting a...

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...
Supported byVirtu Energy
error: Content is protected !!